Arturo O. answered 10/29/17
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If by "work done by the system" you mean the work done on the bullet, then the work is just the difference between final and initial kinetic energies of the bullet. If you mean something else, please clarify. I will work the problem assuming you mean the former. (Also, please proofread your question. It says "wait" instead of "weight", "food" instead of "wood", "hand" instead of "and", ...)
m = mass of bullet = 0.05 kg
M = mass of wood block = 2 kg
v0 = initial speed of bullet = 150 m/s
v = final speed of bullet = ?
Conservation of linear momentum:
mv0 + M(0) = (m + M)v
v = mv0/(m + M) = (0.05)(150)/(0.05 + 2) m/s = 3.659 m/s
K0 = (1/2)mv02
K = (1/2)mv2
W = ΔK = K - K0 = (m/2)(v2 - v02) = (0.05/2)(3.6592 - 1502) J = -562.2 J
The negative sign means the system did work on the bullet.